Canadian Natural Resources Limited
CNQ | NYSE
$48.23
+$0.59 (+1.24%)
Sep 24, 2026, 2:15 PM ET · Market open
Market Data
Market Cap $99.36B
Enterprise Value $155.93B
Beta 0.88
Average Volume 7.77M
Shares Outstanding (Diluted) 2.09B
Shares Change YoY -0.47%
Institutional Ownership 75.54%
Exchange NYSE
ISIN CA1363851017
Price Performance
Price Change 1M -6.0%
Price Change 3M 21.3%
Price Change 6M -1.9%
Price Change YTD 39.2%
Price Change 1Y 48.7%
Price Change 3Y 47.7%
Price Change 5Y 171.2%
1M CAGR (ann.) 0.9%
1Y CAGR (ann.) 54.7%
5Y CAGR (ann.) 28.4%
All-Time CAGR 10.4%
Valuation
PE Ratio 11.74
Forward PE 17.99
PEG Ratio 0.27
Forward PEG 0.15
PS Ratio 2.85
Forward PS 4.30
PB Ratio 3.02
P/FCF Ratio 14.64
P/Adj. FCF Ratio 14.43
P/OCF Ratio 7.70
EV/Sales 3.23
EV/EBIT 9.84
EV/EBITDA 6.10
EV/FCF 16.59
Earnings Yield 8.3%
FCF Yield 6.7%
Adj. FCF Yield 6.8%
Financial Health
Net Debt C$14.53B
Total Debt C$17.14B
Cash & Short-Term Investments C$2.62B
Total Assets C$96.58B
Current Ratio 1.00
Quick Ratio 0.75
Debt / Equity Ratio 0.37
Debt / EBITDA 0.67
Debt / FCF 1.82
OCF / Debt 0.99
Interest Coverage 17.01
Altman Z-Score 3.24
Piotroski F-Score 8
Margins & Profitability
Gross Profit Margin 35.0%
Operating Profit Margin 31.5%
EBITDA Margin 54.5%
Net Profit Margin 24.9%
FCF Margin 19.5%
Adj. FCF Margin 19.8%
SBC / Revenue 1.3%
SBC Impact (per share) -1.4%
Returns
Return on Assets 12.2%
Return on Equity 26.7%
Return on Invested Capital 13.7%
Return on Capital Employed 17.8%
Return on Tangible Assets 12.2%
Historical Growth (CAGR)
Revenue CAGR 3Y 7.6%
Revenue CAGR 5Y 16.0%
Revenue CAGR 10Y 15.7%
EPS CAGR 3Y 17.8%
EPS CAGR 5Y 26.7%
EPS CAGR 10Y 19.3%
FCF CAGR 3Y 0.6%
FCF CAGR 5Y 11.8%
FCF CAGR 10Y 13.2%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 37
EPS Growth Next 3Y -13.6%
Revenue Growth Next 3Y -10.4%
Earnings Date Nov 4, 2026
EPS Estimate (next Q) $0.72
EPS Growth Est (next Q) 64.5%
Revenue Est (next Q) $6.07B
Revenue Growth Est (next Q) 25.4%
Fair Value Estimates
Graham Number $37.59
Graham Upside -21.3%
Lynch Fair Value $101.70
Lynch Upside 112.9%
Price Target $50.81
Price Target Upside 6.4%
Cash Flow
Operating Cash Flow C$16.89B
Free Cash Flow C$9.4B
Adj. Free Cash Flow C$9.53B
FCF Per Share $4.69
OCF Per Share $8.57
OCF/S Ratio 37.8%
Income Statement
Revenue C$48.28B
Gross Profit C$16.64B
Operating Income C$15.21B
EBITDA C$25.58B
Net Income C$11.76B
EPS (Diluted) $5.62
Revenue / Employee $4.49M
Profit / Employee $1.09M
Employees 10,750
Dividends
Annual Dividend $1.77
Dividend Yield 3.71%
Payout Ratio 31.5%
FCF Payout Ratio 49.3%
Adj. FCF Payout Ratio 48.6%
Dividend Growth (YoY) 6.5%
Pay Frequency Quarterly
Ex-Dividend Date Sep 10, 2026
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